Description

Contemporary Payment Systems: Cases, Materials, and Problems 2nd Edition Michael P. Malloy ISBN 9781647084714

Contemporary Payment Systems addresses the evolving demands of law and practice in the payments field. While traditional instruments like drafts, notes, and bank collections remain central, modern practice increasingly involves electronic funds transfers, revised UCC Articles 4A (wire transfers) and 5 (letters of credit), and the rapid rise of emerging “crypto-currencies” such as Bitcoin. These developments call for a more agile and integrated teaching approach to introduce a new generation of law students to payments law.

This edition presents a streamlined, systemic approach, weaving a continuous narrative of problems and hypotheticals across chapters to help students understand the overarching principles of payment systems rather than treating each payment method in isolation. Graphics are used extensively to clarify both conceptual frameworks and procedural flow. New content includes developments in crypto-currency (including proposed UCC Article 12), discussion of Australia’s misprinted banknotes, and even a nod to Irving Berlin’s analysis of signature requirements on drafts, all enhancing both the pedagogy and real-world relevance of the material.

Contemporary Payment Systems: Cases, Materials, and Problems 2nd Edition Michael P. Malloy ISBN 9781647084714, 978-1647084714 & 9781685618117

Author
Michael P. Malloy